Skip to main content

About your Search

20130122
20130122
STATION
FBC 9
MSNBCW 6
CSPAN 4
CNBC 2
CNNW 1
KGO (ABC) 1
KQED (PBS) 1
KRON (MyNetworkTV) 1
WETA 1
LANGUAGE
English 30
Search Results 0 to 29 of about 30 (some duplicates have been removed)
it comes to a longer term debt solution, longer-term debt ceiling solution and when it comes to taxes and spending the parties are far apart as they always been a day of a the president's inauguration and one which both parties have a very different take on the president's address. >> people can criticize president obama about a lot of things but not his ability to communicate and i think he communicated to the american people a message of hope, a message of action, and i liked it very much. i, we should move past the name-calling phase. >> one thing was pretty clear from the president's speech yesterday. the era of liberal system back and unabashedly far left of center inauguration speech. certainly brings back memories of the democratic party of ages past. if the president pursues that kind of agenda, obviously it is not designed to bring us together. >> house speaker john boehner is meeting with the house republican conference right now. according to a source in the room boehner is calling for the republican party to present a budget that balances the federal budget in 10 years. gi
authority does not go far enough. >> what we support is a long- term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses or the global economy about the simple proposition that the united states always pays its bills. >> reporter: at a house hearing on the debt ceiling debate, simon johnson, a former chief economist for the i.m.f. warned the continuing controversy could roil global markets and hurt the u.s. at home. >> if you don't raise the debt ceiling now, or if you postpone this confrontation, if you say every 60, 90, or 100 days, we're going to again have the same kind of conversation about the debt ceiling, you will continue to have this sort of spike in policy uncertainty. you will continue to undermine the private sector. you will continue to delay investment and to reduce employment relative to what it would be otherwise. >> reporter: the debt ceiling extension would allow the treasury to pay the nation's bills through at least may 19. darren gersh, "n.b.r.," washington >> tom: the u.s. housing market had a quiet end to its best year since 2007
: president obama said he wanted a longer-term extension of the debt ceiling. but a white house spokesman said today the president will accept a short-term bill if it reaches his desk. without an extension, the government could run out of money within a month. a deep freeze lingered in the upper midwest today with temperatures dropping in some places to minus 30 fahrenheit. wind chills made it even worse. across the region, people bundled up to face the cold, and some schools closed. frigid arctic air swept down from canada last saturday. authorities attribute at least three deaths to the weather so far. american military transport planes have joined the french effort to repel islamist rebels in mali. pentagon spokesman george little confirmed today that u.s. c-17's have flown five missions to the african nation in recent days. they ferried more than 80 french troops and 120 tons of equipment. little said the u.s. is still considering whether to provide aerial refueling planes. at least 17 iraqis died in a series of car bombings in and around baghdad today. dozens more were injured. one blast
for any long-term debt ceiling extension. so if we look at that, it means in 10 to 15 years, with very little help from the democrats, we can actually achieve a balanced budget, which is much better than the 23 to 27 years that the ryan budget gave us and it is much better than the never balancing budget that obama and the democrats have proposed for the last four years. so you look at all the data out there. all the public opinion polls, the american people think we are spending too much money, that they think we are taxing too much. the problem is with republicans, and this goes to what representative huelskamp just said, as republicans we have been seen as the party of big business and we should never be the party of big business. we should be the party of individuals, the party that helps individuals have a fair share. we have a system that is unfair to small businesses to individuals. we have a tax system that is unfair. we have a regulatory system that is unfair. and when republicans once again start talking about mainstream, about small businesses, about individuals, that's when
a bill to the floor this week, a short-term raise for the debt ceiling debate until may, and stop paying members if the senate doesn't pass a budget. how will you vote on that? >> well, look, what's good about this is at least the republicans recognize increase the debt ceiling is something we need to do. but in fact, three months is not good enough. it really is unacceptable for my opinion and i think most of the democrats, because there are plenty of opportunities for us and we should really be looking long-term how we can reduce the deficit and deal with long-term sustainability for medicare and medicaid. those are issues that we have to look at and i believe we will and we have opportunities to do that around the budget, around the sequester, of course we will have to deal with in less than, well, six weeks. and we should. the debt ceiling, we need that certainty for the markets, for our economy. we know what happened when the republicans played around with not raising the debt ceiling in august of 2011. the economy was deeply hurt. we're in a recovery and we certainly should not let
including raising the debt ceiling, which the house expected to vote on tomorrow. in the inaugural address, he made history as the first president to mention the word "gay" and "gay rights." >> if we are truly created equal surely the love we commit to one another mutt be -- must be equal, as well. >> there will be one more party tonight, the obamas and friends celebrate with campaign and white house staffers at inaugural ball where supposedly lady gaga is performing. >> the president is sworn in on two bibles one from martin luther king and the other from abraham lincoln. traffic and weather, together, next on the abc7 morning news. here is the golden gate bridge, dry as a bone. but maybe, maybe, maybe there is rain in the forecast. >> and a deal to sell sacramento kings so they can move to seattle. the ripple effect that >> welcome back, almost everyone is just a bit warmer than yesterday so we do not have as frost. 32 at concord and fairfield is 31. upper 30's around the bay to 40 in oak and 47 in san francisco. this afternoon, low-to-mid 60's with filtered sunshine because of the high
to a question of the debt ceiling in recognition of all of this economic-- all of these decisions have an impact on small businesses and the fact that we have gridlock in d.c.? do you want to see them work more with the president and try to get a solution as to maybe, the little less extreme than what the president wants or do you want them to dig their heels in the ground and fight it tooth and nail? >> and the principals, they have to understand they only control one third of the government and they have to work with the president to come to a resolution, and the first thing i'd like to see the senate pass a budget. senate hasn't passed a budget in over four years at this point. i think what's going to happen on the debt ceiling they're going to vote to extend the debt ceiling for a couple of months and that's good. we don't want to be in a situation where we're defaulting or the threat of default, but i think they need to tie that back to something and maybe it's not the big and grand bargain with the entitlement plans right now, but i think at a minimum they have to tie it back to getting a
issues he's facing -- the debt ceiling, and gun control. the president alluded to the challenges ahead in his inaugural adderss speech. >> we must make the hard choices to reduce the health care and the size of our deficit of we do not want it to make the choice of caring for the generation that the share of the country and the generation that will shape this country. >> also address - climate change and equal pay for women. joining us now, kron-4's political analyst micahel yaki. any surprises? >> it was a very bipartisan tone. and your thinking they just have an aggressive agenda. and the young, the u.s., the drive, he was reaching out to them picking up some of the other categories >> mammal he also talked about some " we the people. this new grass-roots advocacy program they are using the same techniques citizens that need it is number one, the gun control legislation. the congressional people's attention and getting it into their faces. >> and also to the gay community and talking about the fourth there has been a lot of criticism. there has not been enough about the war but there
, the most immediate problem, tomorrow the house is voting on this extended debt ceiling and this is to avoid a confrontation in the short-term, but the large ers issues remain. >> that was quite a performance saying don't go there. i got this one, and they backed away. that has been lost in the excitement over the last couple of days. it just gets kicked down the road, and can you tell from his speech yesterday that he has -- the democratic coalition is in no mood to give an inch on spending, and it remains the big problem whether you really, democrat or republican, on the budget because it was unaddressed in the last round. you can tell the republicans want to get at it. if that was a sign of compromise yesterday, it was the shortest one sentence sign that i have ever seen. so a fight is come. >> a fight is coming, and we all know that you can not do it without dealing with the main entitlements. there is no way -- >> well, that's exactly right. >> there is no way at this stage without -- >> dealing with that. in that speech he made it very clear where he said -- >> he is not going anywhere
a renewed energy to our country. coming up, will the debt ceiling debate delay your tax refund? next in the president obama has begun his second term by declaring the possibilities are limitless. our political panel takes a look at the next four years. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a beer life. >>> from our fox business stios in new york, here, again, is gerri willis. gerri: well, not wasting a second of the second term, president obama making it clear who is in charge the next four years laying out a bold agenda in the inaugural address. that's how i read it. with more, maryann marsh, a democratic strategist, and rich lawry, editor of "the national review. " whato you think of the speech? >> audacious. one, it was an unabas
term is starting where his first left off, a debt ceiling crisis and paul ryan twisting the facts. the president was quite insistent monday he will not stomach hostage taking nor medicare and social recipients referred to as takers. >> the commitments we make to each other through medicare and medicaid and social security, these things do not sap our initiative, they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. >> and for those who need a quick campaign 2012 refresher, it was quite obvious to whom that phrase, a nation of takers, was directed at. >> we can become a society where the net majority of americans are takers, not makers. we're going to a majority of takers versus makers in america. more takers than makers in society. takers versus makers in america. >> could have been listening to ayn rand then. joining us is democratic congressman charlie rangel of new york. >> good to be back with you. >> congratulations on a new congress. in an interview today paul ryan said those comments of his had nothing whats
for the next four years? also, house leadership on the debt ceiling, what's the next move there? former white house economic adviser todd buckles will be with us. thank you fowatching. see you right back here tomorrow. have a good nigh ♪ lou: good evening, everyone. president obama today delivered his second and final inauguration speech in front of an estimated crowd of a million people. nearly half of the 1.8 million who saw the president's swearing in back in 2009. president obama marking the occasion, pushing the liberal concept of more government taking campaign style jabs at his political opponents all the while. >> progress is not compel us to settle, century's long debates about the role of government for all time, but it does require us to act in our time. [applause] for now, decisions are upon us. we can want afford delay. we can want mistake absolutism for principle. substitute speck tack kl for politics or treat name calling for reasoned debate. [applause] we must act. we must act knowing that our work will be unperfect. we must act knowing that today's victoryings will -- victo
, and expiring continuing resolution that is funding the government, and the debt ceiling. they will consume congress because republicans and democrats do not agree on how to resolve them. he is going to leave the president tied up. you have to do with these things. immigration and gun control and gay marriage our wish list items. immigration is a big issue. that will be very hard to move something that is progressive or liberal with a divided congress. we all know that an assault weapon ban will not get to the house. it is possible they will get from checks. it may be scaled back urgent of what the president talked about yesterday. in full-scale he will not he able get an assault weapons ban through. that probably will not happen. the spending issues, he will have to deal with. choices will be made. host: we want to get you involved. you can send us a tweet. in the immediate term tomorrow, house republicans have decided what's on the debt ceiling? guest: the debt ceiling is set to expire $6.4 trillion. we need to raise the nation's are one limits. republicans do not like that idea without h
the pomp and pageanpageantry, this morni questions about the debt ceiling, gun control and how to get congress to work together. we'll get to that. but last night it was all about celebrating the second term of the 44th president of the united states of america. nbc's steve handelsman has more. >> reporter: they wowed the crowd at the inaugural balls. president obama in white tie but first lady michelle obama in a ruby red gown by jason wu. this was the ball for the military. >> i have no greater honor than being your commander in chief. >> reporter: it had been an obama family day. malia and sasha, dad and mom. as america paid tribute. an inaugural parade that showed off the nation's talent and diversity. >> i, barack hussein obama, do solemnly swear. >> reporter: the presidential's ceremonial swearing-in witnessed by as many as 1 million people. >> congratulations, mr. obama. >> reporter: mr. obama urged cooperation, rare now in washington, to cut health care costs and the deficit. >> but we reject the belief that america must choose between caring for the generation that built this
on the debt ceiling? the debt ceiling is set to expire, 16.4 trillion. so we need to raise the nation's borrowing limit in one way or another. the republicans don't like the idea of doing that without having commensurate spending cuts. they have a plan to extended until may. and then if the democrats in the senate have not produced a budget that includes spending cuts, they will set aside the pay of members of congress. so it is a tricky maneuver on their part. their goal is to get senate democrats to pass a budget that includes spending reductions. the senate has not been able to pass a budget for the past four years. democrats will resist the idea of any kind of spending cuts. it's going to be a real face-off between the two party is over the debt limit. tomorrow we will get a good look at that legislation. host: senate democrats have said they will pass. a pass guest: but it may not include spending cuts republicans are looking for. it's not necessarily an agreement. it might seem so on the surface. host: larry in san diego, democratic caller. welcome to the conversation. caller: t
. but whenever the president gets into a jam, whenever the president got into a jam in the first term, who did he turn to to get him out of it? joe biden. guns, middle class relief. the fiscal cliff deal. the debt ceiling situation of 2011. it was joe biden the president turned to. the president chose joe biden for a reason. a creature of the senate, he said at the lunch today, he will always be a senator. and joe biden is his brain trust, his institutional memory, there is the guy. >> and to get it done -- get it done there. i think he is the best vice president of my lifetime. because i don't think that dick cheney's effectiveness of torture is something -- >> for good or evil. >> and doesn't it also go to the kind of leader that barack obama has been, not only for the country, but for the democratic party. johnathan's point, joe biden was an early rival, who he said very inopportune statements about him. he is super excited if he is confirmed to take on this role. it is a different kind of democratic leadership. people who follow the democratic party on its ups and many downs remember how many
term. >> the house is getting set to vote on the republican debt ceiling proposal tomorrow. that delays the debt ceiling increase or increases the debt ceiling really until may 19th. it is contingent upon both houses of congress passing a budget or members of congress won't receive their paychecks, something the house votes on tomorrow. back to you. ashley: rich edson in d.c.. rich, thanks very much. tracy: well, president obama touched on many subjects in his inaugural address yesterday including immigration reforms, equal pay for women, and gay rights and climate change but there was one big, glaring omission. he failed to address the nation's current 7.8% unemployment rate. i'm not really sure how you could miss that actually. a big question to the speechwriters with that one. but important milestones coming up in the protracted fiscal negotiations including big vote tomorrow on the house to temporarily extend the debt ceiling now. many americans are wondering what legislators plan to do about jobs. joining us from both sides of the aisle, republican congressman trey gowdy from south
will be that debt ceiling vote tomorrow the first of many fiscal issues to be tackled in this new term. >> reporter: let the games begin. mike emanuel, thank you very much. what is the likelihood of a senate budget resolution. coming up minutes from now we'll speak to one senator who filed a balanced budget amendment today, republican senator mike lee of utah joins us. jon: an extreme weather alert for you with a nor easter on the way to the northeast that could bring maybe a foot of snow or more to some spots, as arctic air grips a big chunk of the country sending temperatures plunging into the single digits and windchills dropping to way below zero. maria molina live in the fox weather center. nasty stuff out there maria. >> reporter: yeah, jon we have a possible storm on friday across the northeast that will be bumping some snow. we have to deal with lake-effect-snow downward of the great lakes, that could produce one to three feet of snow. cleveland could see about a foot of it with lake-effect-snow warnings in effect. what sets the stage for the no effect is cold air mass from canada which has
. he kind of cleaned john boehner squat in terms of taxes and revenues. it was all tax increases. $15 million in spending cuts. republicans have to get their acts together to negotiate better on the debt ceiling and other things. neil: what is the overture on the republican party? saying that they are going to push for a three-month extension? >> sure, what i read in it was from a pr standpoint in saying that gets all is a bad idea and will hurt the economy. and for economy a year and a half ago. republicans are saying that maybe it's a smart move in the sense that they want to say enough of this pr stunt. let's take the falls off the table but let's get to the real essence of spending cuts. the president is going to keep coming back. but it's more revenue. but it's more tax increases. we knew that in the campaign. neil: there is this paraphrase between the rich and the poor that you alluded to. maybe he has not done this. >> i don't think he is done on more tax increases. neil: more deductions? >> deductions and perhaps more rate hikes. this was alluded to during the fiscal cliff tal
about putting forward a bill that rolls the debt ceiling out, suspend it for awhile. will the president go along with that? >> yeah. the white house indicated he's at least not going to try to block it m i think they preferred a long term clean debt limit, and we talked before here that the real preference would be for, you know, the congress to step back from its role in the debt limit, but i think they are going to go along with what house republicans are doing here. there's question as so whether senate democrats are going to do a budget. chuck schumer who is in the democratic leadership in the senate suggested over the weekend that they were, in fact, going to do a budget, that they had plans to do one all along. i believe it when i see it. gerri: so little credibility on the issue. i mean, four years, four long years with the senate on its hands the whole time. aren't they just a little embarrassed about that? >> you know, i would think so. i think this goes to presidential leadership. this is something we didn't hear from the president yesterday. there were actually four sentences
, is it going to be debt ceiling talks? basically, is it macro? >> well, i think today and tomorrow is going to tell us a lot. i want to see how google's earnings affect the nasdaq and in turn how the s&p reacts to that. and then tomorrow we have apple. i want to see how apple comes out. is apple going to take out the recent low of 43 and change? and how does the nasdaq react to that? and then what does the s&p react to the nasdaq? right now, i feel the s&p rally is going to be held hostage by the nasdaq. if google and apple can sustain their ground, then i think we keep going up. if they start to pull back, buyer hes in the s&p is going to say why buy them today if they're going on sale tomorrow? >> 483, we know the levels to watch for apple. anthony, thanks. >> thank you. >>> before we go, pro golfer fill michaelson has said he will make drastic changes because of several recent u.s. california and state tax hikes. the four-time major winner says he may move out of california or even retire. mickelson says if you add up everything, his tax rate is about 62%. he flirted with becoming part-o
it so i really think that we should not be using the debt ceiling for leverage. i think it's bad for the economy. >> you have said that in terms of finding ways to raise revenue, the president's proposed limit on tax deductions is the most likely path. can you walk me through how you see this thing happening? >> well, there have to be more revenues. we have to as the president said yesterday have a balanced package in deficit reduction. and i think looking at the deductions will be one route doing that. we have to be careful. i have made that clear. but we're going to have to look at that. as one of the techniques to raise revenues it has to be balanced. we need to look at cuts in programs, discretionary programs have already been cut. we need to be careful. we need to remember what's at stake in those programs. we need revenues as well as program cuts. >> obviously, we have a lot of investors, people who watch the markets, watching us right now. this idea of repealing carried interest tax breaks, are you in favor of that and do you think that idea would make its way through the
over the debt ceiling. immigration reform. the president said he'd take that on in his first term, didn't get around to it. now he says he'll take it on, but that's still a divisive issue. gay rights. the president did repeal don't ask, don't tell, and later in his term said he's in favor of gay marriage, but said basically this is a state's issue, not a federal issue. if he's going to make it federal now, people are going to have some arguments about that. renewable energy sources. the president has pushed a lot of money towards this. he wants to keep pushing money that way. his critics are going to argue, as they have all along, we're not seeing much for that money. and of course, gun control. that's incredibly heated at the moment. we don't know how the that will fare, but there will be an awful lot of harsh words on what can be done and what might work. five issues he will argue about with not only the republicans as he goes back to work, but maybe democrats too. and i want to show you why. look at this. this is a map of the 2014 race for democrats. they have 20 seats in the senate
into another round of negotiations, maybe we won't, on the debt ceiling. maybe we go over one of them. you have to take that into account. how does that change your odds taking capability as you look at the markets? >> you do have to take it into account. no question. maybe we will get beyond some of this and the first half of this year. at least enough to allow us to look beyond it. i think between now and then, no question we will be dealing with these deadlines coming up in the next few months. connell: do you still buy stocks? our stocks at the place be? it will be very interesting to see what happens with interest rates. you talked about that accommodative federal reserve that is there. there will be this push / pull on that side of it. >> i do think market rates will be drifting higher. the ten year note yield will be around 2.25. i think that will pull people off to the sidelines into the housing market. they will not rise so much that we will derail or anything. a little bit of something to watch, but not a real problem. connell: it has been a good run. david, thank you. david joyce. >>
Search Results 0 to 29 of about 30 (some duplicates have been removed)